Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 2K views

    CIPS Level 4 - Diploma in Procurement and Supply Module 2 - Defining Business Need

    Uploaded by

    Joe Tay
    This document provides a sample exam for the CIPS Level 4 Diploma in Procurement and Supply Module 2 on defining business needs. The exam includes 10 multiple choice questions testing learning outcomes around factors that influence business needs, different types of specifications, and sustainability considerations. The questions cover topics like direct vs indirect costs, output vs outcome specifications, competitive forces, standardization opportunities, and environmental impacts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    CIPS Level 4 - Diploma in Procurement and Supply Module 2 - Defining Business Need

    Uploaded by

    Joe Tay
    2K views5 pages
    This document provides a sample exam for the CIPS Level 4 Diploma in Procurement and Supply Module 2 on defining business needs. The exam includes 10 multiple choice questions testing learning outcomes around factors that influence business needs, different types of specifications, and sustainability considerations. The questions cover topics like direct vs indirect costs, output vs outcome specifications, competitive forces, standardization opportunities, and environmental impacts.

    Original Description:

    L4m2

    Original Title

    L4M2

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a sample exam for the CIPS Level 4 Diploma in Procurement and Supply Module 2 on defining business needs. The exam includes 10 multiple choice questions testing learning outcomes around factors that influence business needs, different types of specifications, and sustainability considerations. The questions cover topics like direct vs indirect costs, output vs outcome specifications, competitive forces, standardization opportunities, and environmental impacts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2K views5 pages

    CIPS Level 4 - Diploma in Procurement and Supply Module 2 - Defining Business Need

    Uploaded by

    Joe Tay
    This document provides a sample exam for the CIPS Level 4 Diploma in Procurement and Supply Module 2 on defining business needs. The exam includes 10 multiple choice questions testing learning outcomes around factors that influence business needs, different types of specifications, and sustainability considerations. The questions cover topics like direct vs indirect costs, output vs outcome specifications, competitive forces, standardization opportunities, and environmental impacts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 5

    CIPS Level 4 – Diploma in Procurement and

    Supply
    Module 2 – Defining Business Need

    SAMPLE EXAM QUESTIONS


    OBJECTIVE RESPONSE QUESTIONS AND ANSWERS

    The correct answer will be identified as [key]

    Leading global excellence in procurement and supply


    L4M2 Sample Exam Questions Dec 2018
    Q1. For a manufacturing organisation, which of the following would create direct costs?

    a. Brand advertising

    b. Components

    c. Executive cars

    d. Stationery

    LO: 1

    AC: 1.2

    Q2. An output specification focuses mostly on …

    a. design

    b. innovation

    c. performance

    d. technicalities

    LO: 3

    AC: 1.3

    Q3. Which of the following are commonly used in conjunction with an output-focused specification?

    a. Key performance indicators

    b. Clear conformance standards

    c. Detailed technical requirements

    d. Product brand names

    LO: 3

    AC: 3.1

    2
    L4M2 Exam Exemplar Questions Dec 2018
    Q4. A procurement organisation is keen to maximise innovation available within the supply market in the execution
    of an upcoming significant contract opportunity. Which of the following will enable the organisation to achieve this
    goal?

    a. Using an outcome focused specification

    b. Applying a precise performance framework

    c. Establishing transparent selection criteria

    d. Allowing variations to occur

    LO: 3

    AC: 3.1

    Q5. A procurement manager is inputting into a specification for a new product. They have already assessed the
    availability of suppliers and their relative market influence, and have determined that the sources of supply are
    plentiful. What other factor will be important to consider in respect of competitive market forces?

    a. Competitive rivalry

    b. Power of buyers

    c. Strength of suppliers

    d. Supply chain impact

    LO: 2

    AC: 2.2

    Q6. Zam Manufacturing Group (Zam) has a non-complex range of components which are readily available for an
    extensive range of suppliers. The manufacturing process is simple and highly efficient. Zam's profit margins are
    high. The Zam CPO's main concern is the vast array of products it both buys and manufactures. Which of the
    following should be a priority action for Zam?

    a. Value analysis

    b. Value engineering
    3
    L4M2 Exam Exemplar Questions Dec 2018
    c. Implement standardisation

    d. Process re-engineering

    LO: 3

    AC: 3.4

    Q7. Which of the following are common barriers to entry that could affect competition in a market?

    1. Set-up costs

    2. Direct labour costs

    3. Customer switching costs

    4. Inventory holding costs

    a. 1 and 2 only

    b. 3 and 4 only

    c. 2 and 3 only

    d. 1 and 3 only

    LO: 2

    AC: 2.2

    Q8. An organisation has a very clear idea of the service it wants and has described the process precisely in
    terms of how the supplier must deliver it. It is intending to produce an ‘outcome-focused specification’. Is
    this the right specification approach for the organisation to use?

    a. No - with an outcome-focussed specification approach, the supplier will decide how to deliver the
    service

    b. No - the best approach would be an open specification

    4
    L4M2 Exam Exemplar Questions Dec 2018
    c. Yes - this specification approach allows for maximum innovation from the supplier

    d. Yes -this specification approach states expressly how the service should be delivered

    LO: 3

    AC: 3.1

    Q9. Which of the following are typical environmental considerations throughout the contract life cycle? Select the
    TWO that apply.

    a. Energy usage in manufacturing

    b. Recyclable packaging

    c. Customer demand

    d. Employee welfare

    e. Standards of ethical behaviour

    LO: 3

    AC: 3.2

    Q10. Which of the following are typically found within conformance specifications? Select TWO that apply.

    a. Functions

    b. Drawings

    c. Outcomes

    d. Samples

    e. Outputs

    LO: 3

    AC: 3.1

    5
    L4M2 Exam Exemplar Questions Dec 2018

    You might also like